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Business Transformation

Offshore outsourcing to maximize Cost Efficiency

Ben Trowbridge

Outsourcing outsourcing has become a popular business strategy in recent years, with companies looking to cut costs and increase efficiency by delegating certain tasks to external service providers. One type of outsourcing that has gained significant traction is offshore outsourcing, where companies outsource their business processes to service providers located in different countries. This article …

The Pros and Cons of Offshore Outsourcing

Ben Trowbridge

Outsourcing has become a popular business strategy in recent years, with companies of all sizes turning to external service providers to handle various aspects of their operations and the discussion of offshore outsourcing vs nearshore outsourcing needs to be examined. This practice involves delegating specific tasks or processes to a third-party company often offshore or …

How AI fundamentally Changes Cloud Outsourcing

Ben Trowbridge

In the landscape of 2023, organizations are poised to bank heavily on Outsourcing, cloud technologies, and business models, with a clear aim of fueling innovation and delivering premium value to their stakeholders. Rapid transformations in technology, largely influenced by cloud computing, are equipping businesses with robust tools like artificial intelligence, data analytics, and robotic process …

The Evolving Landscape of IT Outsourcing: Building Long-term, Adaptive Partnerships

Ben Trowbridge

In an era of rapid technological progress and global competition, the landscape of information technology (IT) outsourcing has shifted significantly and created the need for Long Term Adaptive Partnerships in Outsourcing. The problem remains on how the evolving landscape of IT Outsourcing builds long-term adaptive partnerships. Traditional long-term IT relationships, characterized by rigid contracts and …

Expanding Regional Accounting Firms’ Offerings with Managed Cybersecurity Services

Ben Trowbridge

Based on my experience in leading the launch of EY’s Cybersecurity Managed Services business and helping dozens of managed services providers enter new service lines, I thought it might be helpful to share a few ideas on how a regional accounting firm can think about the steps required to launch a managed cybersecurity services business …

The Top 4 Key Competencies Required for a Consulting Firm to Excel at Managed Services

Ben Trowbridge

Consulting firms ranging from the Big 4 to Regional Firms looking to deliver Managed Services and establish strong long-term client relationships must adopt a fundamentally new set of behaviors across various marketing, sales, and operational delivery teams. This requires a nuanced approach to change management that should be viewed as an exciting journey in Managed …

What Are Your Options to Create a Global Delivery Capability?

Ben Trowbridge

Summary: Even companies that might have a global footprint already can struggle with creating a balanced global delivery capability to control costs and access the right talent. Their experience and familiarity with their current situation can often cloud the decision as they are often too close to the problem to develop an unbiased and well-rounded …

How a Consulting Firm Builds a Successful Managed Services Practice

Ben Trowbridge

Consulting firms including Big4 and Regional Accounting firms have the amazing ability to frame a problem, develop a process, gather data, and develop a fact-based solution that can be a real boost for leadership teams that need an unbiased external perspective. However, when a consulting firm is asked to build a managed services practice, the …

The Shift to a Patient-Centric Healthcare Ecosystem

Adam Nelson, Vice President, Industry Solutions, HealthCare and Life Sciences, NTT DATA

Data is at the epicenter of the transformation of U.S. healthcare to a consumer-centric ecosystem, primarily due to the multitude of participants who want to view what they need, when they need it, via the channel they prefer. Additionally, it all must be their information, and it must be accurate. Thus it has become imperative …

Insurance Carriers, Take Note: Explosive Growth Is No Accident

Outsourcing Center, Barbara Lewis, Business Writer

Cultivating a productive 1:1 customer engagement demands integrated data Outdated, paper-based processes, information silos and legacy systems have been the bane of insurance carriers for years, hampering not only the efficiency of their internal operations, but also impacting the way they engage with agents and customers. For example, if it’s too complicated for independent agents …

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